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Oct 11, 2012
10/12
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we have alan simpson and erskine bowles of the famous simpson-bowles commission. and lloyd blankfein of goldman sac sachs. we'll go inside washington and inside wall street in ways you haven't seen before. make sure you tune in when "fast money" comes back. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explo
we have alan simpson and erskine bowles of the famous simpson-bowles commission. and lloyd blankfein of goldman sac sachs. we'll go inside washington and inside wall street in ways you haven't seen before. make sure you tune in when "fast money" comes back. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. [ male announcer ] how do you...
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Oct 14, 2012
10/12
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CSPAN
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host: mitt romney open to bowles-simpson. guest: anytime you have a blue ribbon commission, especially if it is dealing with massive rearrangement of how the government spends money, it will be a tricky sort of thing for a politician before an election. host: is it a dangerous issue when trying to garner tea party support? guest: i think it is savvy on his part. the bowles-simpson commission was a blue panel. president obama called together. they came up with a lot of hard decisions nobody liked. then he dismissed it and went on his way. i think it could be tricky. i think it is savvy in one respect. mitt romney is running on the idea he will make tough decisions, that he is not going to skip out on major decisions that turn the giant battleship in a different direction so we're not heading towards insolvency. i think it is smart because the resort is needed. -- that is what is needed. i think people are convinced major drastic decisions are going to have to be made. they need to know they are voting for a guy who can make th
host: mitt romney open to bowles-simpson. guest: anytime you have a blue ribbon commission, especially if it is dealing with massive rearrangement of how the government spends money, it will be a tricky sort of thing for a politician before an election. host: is it a dangerous issue when trying to garner tea party support? guest: i think it is savvy on his part. the bowles-simpson commission was a blue panel. president obama called together. they came up with a lot of hard decisions nobody...
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Oct 11, 2012
10/12
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MSNBC
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does governor romney specifically embrace simpson-bowles or does he not? he gave us both answers in the last debate. what is your understanding of the governor's approach, he's a presidential candidate, to simpson-bowles? yes or no. >> the governor's approach to simpson-bowles it's a step in the right direction, right. >> but he has his own plan and his own plan would, you know, does not involve some of the components of simpson bowls. as it relates to that, you know, on that issue, he's been pretty clear. he's got his own plan -- >> he hasn't been clear. >> okay. time-out. mitt romney did one thing that everybody acknowledges, even though in his own party, which is pivot further towards the center. paul ryan's budget has been declared by some folks, some analysts, including those in the republican party, to be a fairly strong document win that takes specific stances on the american social compact. do you think paul ryan will be defending mitt romney's moderate position tonight or mitt romney's previously severely conservative position of the campaign trai
does governor romney specifically embrace simpson-bowles or does he not? he gave us both answers in the last debate. what is your understanding of the governor's approach, he's a presidential candidate, to simpson-bowles? yes or no. >> the governor's approach to simpson-bowles it's a step in the right direction, right. >> but he has his own plan and his own plan would, you know, does not involve some of the components of simpson bowls. as it relates to that, you know, on that issue,...
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Oct 3, 2012
10/12
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CSPAN2
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for example, if you think of the bowles-simpson proposal. the proposal was described when it came out is raising 1.2 trillion and a couple hundred billion from transportation taxes. but use what was called the plausible baseline. it worked that assumed the bush tax cuts expired. when people describe it as having $2 of revenue for each dollar -- $2 in spending cuts for each dollar of revenue, that was a ratio that didn't count. close to a trillion dollar from having the bush tax cuts expire because i was early in the baseline. the policymakers of both parties, during the period since bowles-simpson, whenever they have these negotiations, even though they haven't produced something, they have decided to work from a current policy baseline which assumes that all of the tax cuts, including the upper income tax cuts are extended. if you measure it not, you take the original proposal and you look at it over the budget window and you measure from the currently all of the baseline, it is to $.5 trillion in revenue. it is about one to one and not two
for example, if you think of the bowles-simpson proposal. the proposal was described when it came out is raising 1.2 trillion and a couple hundred billion from transportation taxes. but use what was called the plausible baseline. it worked that assumed the bush tax cuts expired. when people describe it as having $2 of revenue for each dollar -- $2 in spending cuts for each dollar of revenue, that was a ratio that didn't count. close to a trillion dollar from having the bush tax cuts expire...
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Oct 27, 2012
10/12
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FBC
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eye 116
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started talking about raising taxes i have to tell you, the simpson bowles plan was rejected by republicans, democrats, congress, and the president. let's get straight. died bless the two men, but they are down. it was rejected. it's over. is not a vry smart plan in my opinion. let me be heretical and say point blank. these 80 ceos coming out and saying they have got said raise taxes, that they were specific about. threst is still ambiguous. >> you know, this is why i wrote my book. i really wanted to talk about what creates the prosperity in this country, what has made america the richest country in the history of this planet. the conclusion i came to that is not going to surprise you or a lot of your viewers is that the free enterprise system is the fairest of the mall, the system and creates the most wealth, jobs, economic opportunity for this country. here the problem. going after the top -- lou: what i'm asking you about is the gang of adn taking about raising taxes. >> right. lou: what is the name of your book again? >> but here is my point. lou: by the way, you can connect. go to lou
started talking about raising taxes i have to tell you, the simpson bowles plan was rejected by republicans, democrats, congress, and the president. let's get straight. died bless the two men, but they are down. it was rejected. it's over. is not a vry smart plan in my opinion. let me be heretical and say point blank. these 80 ceos coming out and saying they have got said raise taxes, that they were specific about. threst is still ambiguous. >> you know, this is why i wrote my book. i...
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Oct 4, 2012
10/12
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. >> governor, what about simpson- bowles? do you support simpson-bowles? >> simpson-bowles, the president should have grabbed that. >> no, i mean, do you support since the bulls? >> i have my own plan is not the same as simpson-bowles bid but the president should have grabbed it. if you wanted to make some adjustments to it, take it to congress -- >> that's what we have done. >> you've been president for four years. you said you'd cut the deficit in half. it's now four years later. we still have trillion dollar deficits. the cbo says we'll have a trillion dollar deficit each of the next four years. i love this idea of $4 trillion in cuts. you found $4 trillion ways to reduce or get close to a balanced budget, except we still show trillion dollar deficits every year. let me come back and say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? actually, he said it back in 2010 to reduce said, "look, i'm going to extend the tax policies that we have now. i'm not going to raise taxes on anyone, because when the economy is gr
. >> governor, what about simpson- bowles? do you support simpson-bowles? >> simpson-bowles, the president should have grabbed that. >> no, i mean, do you support since the bulls? >> i have my own plan is not the same as simpson-bowles bid but the president should have grabbed it. if you wanted to make some adjustments to it, take it to congress -- >> that's what we have done. >> you've been president for four years. you said you'd cut the deficit in half....
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Oct 18, 2012
10/12
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FOXNEWS
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care about an election and consequences, they might finally do a gang of six or do something big, a simpson-bowles plan because those who have spoken and now the lame duck congress will get together with a president who is re-elect or a lame duck president and say let's walk the plank together. >>neil: you really effectively are expanding the tax base, it is not so black and white that it represents the everyone. >>reporter: neither side has wanted this to happen but the markets are looking for it. >>neil: okay, ed, thank you. now, ed, you are the best. covering the white house. >> do you remember what happened 25 years ago, tomorrow? ed was not alive but i was, if the president doesn't want to see a similar stock crash like that, the heads of the big it bangs just sent him fair warning, tonight, at 8:00 p.m. on fox business network, big stuff, coming tonight. >> suspected terrorist of al qaeda and a plan to put 9/11 to shame, with a 1,000 pound bomb meant to topple the federal reserve building of new york but looking through the newspapers you wonder if the whole thing even happened because forge
care about an election and consequences, they might finally do a gang of six or do something big, a simpson-bowles plan because those who have spoken and now the lame duck congress will get together with a president who is re-elect or a lame duck president and say let's walk the plank together. >>neil: you really effectively are expanding the tax base, it is not so black and white that it represents the everyone. >>reporter: neither side has wanted this to happen but the markets are...
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Oct 18, 2012
10/12
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MSNBC
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>> just to be clear, i support the framework of bowles-simpson which is the mix of revenue to cuts. i think the ratio is right. >> one of the theories of bowles-simpson is you bring down -- >> i think what chuck schumer is saying first of all of, that we need to start any negotiation at the rate that the taxes will go to for the wealthy under current law, which is start at 39%. that is the starting point. the president's been very clear. he's been talking about this throughout the debate, that we need to allow those rates to go back to where they were -- >> you believe in this -- >> if you start there, there are definitely things in the tax code that can be cleaned out. >> so you're open. >> i'm open to the notion of look offing to remove some of the stuff in the tax code. the difference is that republicans decide to pick the rate first. so mitt romney gets out there, says i'm going to cut the rate by 20% which we all know costs $5 trillion. then he says, oh, now we'll think of how we're going to get there. he puts everything on the table that helps middle class taxpayers like the m
>> just to be clear, i support the framework of bowles-simpson which is the mix of revenue to cuts. i think the ratio is right. >> one of the theories of bowles-simpson is you bring down -- >> i think what chuck schumer is saying first of all of, that we need to start any negotiation at the rate that the taxes will go to for the wealthy under current law, which is start at 39%. that is the starting point. the president's been very clear. he's been talking about this throughout...
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Oct 2, 2012
10/12
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look at bowles-simpson. ay it is the fault of the president. .> let's talk about taxes again the and pending fiscal cliff has brought a degree of urgency. one approach calls for the lowering of individual rights across the board and the reduction of existing tax exemptions. president obama and some democrats have called for continuing the bush tax cuts for middle income families. what do you think is the best approach to individual tax rate that can reduce the deficit? >> we do need to make sure we're not raising taxes, especially in this tough economy. what is good for the country is to create jobs. that is how we get going again to help manage down that debt. we do not want to raise taxes. we want comprehensive reform. when companies are looking to relocate, it is not always attracted to locate here because we're the highest taxed locale. we need to bring the corporate tax rates down and to make sure we change the peculiarly in tax law which forces american based multinationals. we need to make sure they d
look at bowles-simpson. ay it is the fault of the president. .> let's talk about taxes again the and pending fiscal cliff has brought a degree of urgency. one approach calls for the lowering of individual rights across the board and the reduction of existing tax exemptions. president obama and some democrats have called for continuing the bush tax cuts for middle income families. what do you think is the best approach to individual tax rate that can reduce the deficit? >> we do need to...
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Oct 17, 2012
10/12
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commission -- he agrees with the bowles simpson commission. host: governor romney has said that. he said to the des moines register editorial board last week that he would be open to a similar plan like simpson bowles when it comes to tax reform. caller: and i think he needs to make a very pointed argument that the status quo -- obama does not present a credible plan himself and the status quo is not an option. the callers earlier, something has to be done. if you are about to go on medicare, you should be concerned about this issue. mitt romney says he wants to address it in a bipartisan manner. there is no reason to expect obama will be any better. host: we will leave it there. governor riley will be in virginia -- governor romney will be in virginia. we will have live coverage here at around 1:15. next, an independent in california. go ahead. caller: thank you. i feel it is a bunch of malarkey. obama has had for years to take care of all the promise and all he needed to do. mitt romney has a bunch of ideas. no one has really fix anything fo
commission -- he agrees with the bowles simpson commission. host: governor romney has said that. he said to the des moines register editorial board last week that he would be open to a similar plan like simpson bowles when it comes to tax reform. caller: and i think he needs to make a very pointed argument that the status quo -- obama does not present a credible plan himself and the status quo is not an option. the callers earlier, something has to be done. if you are about to go on medicare,...
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Oct 27, 2012
10/12
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CNNW
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it's not going to be the full monty of simpson-bowles but that template with some promises and some explicit things to cut the spending, but not with the crazy across-the-board cuts and to extend some of the tax cuts, but not all of them, and i think you've got the possibility of 70 votes in the senate. the house of representatives, though, is going to be more polarized after the election, and it's not clear where that goes. frankly, if obama loses the republicans in congress are going to say, hey, why should we even do anything now, or negotiate with a lame duck president, let's wait until january if we've got all the reigns of power and do our mother of all reconciliation bills. it's only if obama wins, that we will see this movement forward in november/december. but the critical question is, can john boehner bring a bill to the house floor that will probably need more democratic votes than republican votes? >> i'm sorry that it's not being discussed more on the campaign trail, but i think that elected officials or those that are running get how serious this is and i hope it works itself o
it's not going to be the full monty of simpson-bowles but that template with some promises and some explicit things to cut the spending, but not with the crazy across-the-board cuts and to extend some of the tax cuts, but not all of them, and i think you've got the possibility of 70 votes in the senate. the house of representatives, though, is going to be more polarized after the election, and it's not clear where that goes. frankly, if obama loses the republicans in congress are going to say,...
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Oct 16, 2012
10/12
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CSPAN2
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i'm not saying it has to be simpson-bowles, but let's try to put things together. trying to tackle them one at a time, you say i tackled this, and we still have 90% of our problem. isn't that wonderful? that doesn't sell politically either. >> i think you could see a lame duck solution that pushes everything forward, including the debt limit, for a period of time, enforces what you're talking about is that they all be considered at the same time. >> uh-huh. >> i don't think there's any -- based on my experience in lame duck sessions, there's rarely anything done of substance, so i don't think there's any prospect of substantive legislation in the lame duck. the only thing they'll be able to do is push forward the cliff for some period of time. >> uh-huh. >> well, and i think that period of time needs to be significant in terms of, you know, not doing a couple bumps, but more of a complete year. because there are, again, so many different elements colliding that it will take time to work this all out, including the tax reform or anything on tax. >> uh-huh. how much
i'm not saying it has to be simpson-bowles, but let's try to put things together. trying to tackle them one at a time, you say i tackled this, and we still have 90% of our problem. isn't that wonderful? that doesn't sell politically either. >> i think you could see a lame duck solution that pushes everything forward, including the debt limit, for a period of time, enforces what you're talking about is that they all be considered at the same time. >> uh-huh. >> i don't think...
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and that's simpson bowls, would you accept that? >> yeah, well the simpson bowls does have some rate adjustments. the devil is in the details and the approach where everything is on the table and clean up the tax code and lower rates, that makes sense and we did that with bradley, and senator bill bradlee in 1986 and the tax code had all of these dysfunctional and preferential provisions in it. what we have to do, i think, is have a reform of the tax code, clean it up and get some revenues that way, but what the romney campaign is trying to argue we saw this with paul ryan yesterday. he said it was revenue neutral. he thinks you can have this i think pie in the sky approach that will lower rates by cleaning up the code without it having a negative i am on the middle class families. there's devil in the details, but the fact that the gang of ten are talking together. five republicans, five democrats. that makes sense. politically we are the enemy, congress has got to start working together. stuart: i'm sorry, one thing, congressman,
and that's simpson bowls, would you accept that? >> yeah, well the simpson bowls does have some rate adjustments. the devil is in the details and the approach where everything is on the table and clean up the tax code and lower rates, that makes sense and we did that with bradley, and senator bill bradlee in 1986 and the tax code had all of these dysfunctional and preferential provisions in it. what we have to do, i think, is have a reform of the tax code, clean it up and get some...
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Oct 25, 2012
10/12
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CNN
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bowles? he's now saying i'm going to have this combination. >> well, i do think that after an election, people get things done. the the fiscal cliff, as horrific it would be if it were to happen, would be to get a deal before it happens. some people in congress know that once the election is over know they have to act. their incentive to not cooperate like mitch mcconnell says the goal is to not have him be a two-term president. there will be incentive to cooperate rate once the election is over and hopefully some more sane people inside of congress that will be able to compromise. >> poll companies. >> the problem here is the democratic controlled senate. they won't take up the president's budget. it's not the republicans. when the president had 60 democrats in the senate. a huge majority in the house and he had said that -- might need one republican vote to pass comp hen sieve immigration reform. never even offered a bill. and the idea that we've created 5 million jobs, that's very creative
bowles? he's now saying i'm going to have this combination. >> well, i do think that after an election, people get things done. the the fiscal cliff, as horrific it would be if it were to happen, would be to get a deal before it happens. some people in congress know that once the election is over know they have to act. their incentive to not cooperate like mitch mcconnell says the goal is to not have him be a two-term president. there will be incentive to cooperate rate once the election...
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Oct 19, 2012
10/12
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MSNBCW
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gang of six or eight now, but who agree a long-term spending issue like the presidential commission simpson-bowles set up, defense cuts, health care cuts, tax cut extension, they agree on that. the problem really is house republicans and the tea party who are dead set against anything that raises rev lieu, ie taxes, and i think essentially deadset against anything that suggests you should have government spending long term. and i don't know what happens to that group come december 30th but i think it will be like what happened in august of last year they will cave or agree to something short term. >> zachary, president of river twice research in addition to the things we called you earlier, thank you very much. >> thanks. >> we're honoring spirit day at msnbc by wearing purple. can you see? to show support for the lgbt community and take a stand against bullying. according to a brand new gallup survey one of the largest ever aimed at counting the lgbt community, 3.4% of adults identify themselves as lgbt. thomas roberts might not be here today but he certainly is here in spirit. happy spirit day f
gang of six or eight now, but who agree a long-term spending issue like the presidential commission simpson-bowles set up, defense cuts, health care cuts, tax cut extension, they agree on that. the problem really is house republicans and the tea party who are dead set against anything that raises rev lieu, ie taxes, and i think essentially deadset against anything that suggests you should have government spending long term. and i don't know what happens to that group come december 30th but i...
WHUT (Howard University Television)
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Oct 31, 2012
10/12
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WHUT
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. >> rose: on bowles-simpson they don't really lay out what they disagree with bowles-simpson. they want a gas tax, don't want a gas tax. >> they think the best thing to do, both of them not be specific and somehow they get enough of a mandate to beat the opponent. >> if you are not bold can you ever argue and have a mandate. >> i think the president will have a mandate to raise taxes on the wealthy if he wins and i think governor romney will try to get rid of obama care if he wins and that is about it. of any stance but it will be zero complicated by the make-up of congress which will almost certainly be split, republicans keeping the house, democrats keeping the senate, now it is possible democrats may lose the senate now which is a bit of change for me in the last week but -- >> rose: why? >> just some of the races have shifted a little bit. >> rose: the republicans are going to win the house, most people prerogative. >> they will most certainly predict it. there are any democrats that even in private -- >> rose: five points one way or the other? >> it could but -- they are
. >> rose: on bowles-simpson they don't really lay out what they disagree with bowles-simpson. they want a gas tax, don't want a gas tax. >> they think the best thing to do, both of them not be specific and somehow they get enough of a mandate to beat the opponent. >> if you are not bold can you ever argue and have a mandate. >> i think the president will have a mandate to raise taxes on the wealthy if he wins and i think governor romney will try to get rid of obama care...
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Oct 25, 2012
10/12
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CNBC
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our committee has not endorsed a specific plan but it has endorsed the general principals in simpson/bowles that do include spending reductions and do include revenue increases in the con detection of tax reform. the key to this is to get the debt-to-gdp ratio to stop going up. that is the key test in our minds of any successful package. >> i agree with you on that. 100% agree with you on that, debt to gdp. and i think the way to do that -- steve, i think we spend too much. i don't think we're taxed too little. i do agree about tax reform. but i think we spend too much. what concerns me in these exercises is everybody starts talk about revenue before they start talking about spending. further more, when you say $3 of spending cuts for every dollar hike in revenue, you never get it. you get 1 for 1 or you get no spending cuts and you get lots of revenue increases. that's what seem to happen with these crazy deals. >> that's why we have to be careful and make sure we have a balanced package. in the business world, you can't just say, we want sales to go up, therefore we're going to hike
our committee has not endorsed a specific plan but it has endorsed the general principals in simpson/bowles that do include spending reductions and do include revenue increases in the con detection of tax reform. the key to this is to get the debt-to-gdp ratio to stop going up. that is the key test in our minds of any successful package. >> i agree with you on that. 100% agree with you on that, debt to gdp. and i think the way to do that -- steve, i think we spend too much. i don't think...
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Oct 1, 2012
10/12
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MSNBCW
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is he going to say, okay, now i'm going to go to simpson-bowles? let's talk about medicare. it's the greatest threat to our country's long-term survival. the explosive growth along with medicare. health care spending, are we going to be able to get a deal on that with republicans demagoguing it and democrats painting horns on paul ryan on the other side. >> that's a very interesting question. politico wrote a piece about the pret who put substantial medicare cuts on the table whelp he was negotiating with john boehner. now it's demagoguing on the republicans on medicare. he's going to have to go back around again and face this if he wants to do long-term entitlement reform. he's going to have to sell the same kind of medicare cuts that he once proposed, demagogued against and go back and sell. >> it's crazy. >> not to mention the woodward book that went through, in a piece that he hopes. >> and then john boehner has to go back to his all members in congress who had 30-second ads run against him for, quote, cutting medicare, proposing to cut medicare, and he'll say, now, list
is he going to say, okay, now i'm going to go to simpson-bowles? let's talk about medicare. it's the greatest threat to our country's long-term survival. the explosive growth along with medicare. health care spending, are we going to be able to get a deal on that with republicans demagoguing it and democrats painting horns on paul ryan on the other side. >> that's a very interesting question. politico wrote a piece about the pret who put substantial medicare cuts on the table whelp he was...
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Oct 28, 2012
10/12
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MSNBCW
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this is him on using the simpson-bowles debt. i think we can get what is e give lent to the grand bargain that essentially i've been offering to the republicans for a very long time. $4 trillion deficit reduction and more ton out year. that is being very clear, assigning a number. do you see the republicans taking that deal if obama is reelected in that period of time? >> of course, president obama's budget he proposed didn't get to $4 trillion in cuts. it would be good to see the president get to that. if he did that, then there would be something to negotiate back and forth with. >> with this house, it's hard to see what is gained by putting anything in writing. more on the fiscal cliff, immigration reform and the climate change after this. oh, she only uses tide vivid detergent plus boost for her whites. now, up until a week ago she used chlorine bleach. yeah, because before it was salt, lemon, milk. well actually... that part's true. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. stayi
this is him on using the simpson-bowles debt. i think we can get what is e give lent to the grand bargain that essentially i've been offering to the republicans for a very long time. $4 trillion deficit reduction and more ton out year. that is being very clear, assigning a number. do you see the republicans taking that deal if obama is reelected in that period of time? >> of course, president obama's budget he proposed didn't get to $4 trillion in cuts. it would be good to see the...
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Oct 23, 2012
10/12
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CNBC
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erskine bowles of the simpson/bowles commission said romney's numbers just don't add up. >> are you going to work with him? what are you willing to do to work with him if in fact he is elected to get compromise and get business that the american people care about done? >> i'm not going to make a mitch mcconnell statement. whoever is elected president, he will work with them for the gad of this country. >> back to you. >> we're going to replay that later. >> do we ever, if we're not going to have a sequester, we're not going to have the military cuts, we're not going to have the domestic cuts do, we ever cut spending? do we ever? >> wait a second. when you said that, i had forgotten that he -- >> he said that. >> he blew right by that. that was a really interesting statement. and if that's true, the president says it's not going to happen, sequester. what he is essentially saying, this is going to make you very unhappy, larry. what he is essentially saying is the upper end bush tax cuts will expire. >> that's right. >> that has been -- >> i think he has been keen on that. >> that's a deal
erskine bowles of the simpson/bowles commission said romney's numbers just don't add up. >> are you going to work with him? what are you willing to do to work with him if in fact he is elected to get compromise and get business that the american people care about done? >> i'm not going to make a mitch mcconnell statement. whoever is elected president, he will work with them for the gad of this country. >> back to you. >> we're going to replay that later. >> do we...
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Oct 7, 2012
10/12
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romney mentioned the bowles- simpson commission. that is how the bipartisan commission suggested we do it -- in a balanced way with some revenue and some spending cuts. this is a major difference that governor romney and i had. you are looking for contrast. when governor romney stood on a stage with other republican candidates for the nomination, he was asked, "would you take $10 of spending cuts for just $1 of revenue?" he said no. if you take an unbalanced approach, that means you are going to be cutting our investment in schools and education. governor romney talked about medicaid and how we can send it back to the states. that means a 30% cut in the primary program we held for seniors in nursing homes, kids with disabilities. that is not a right strategy for us to move forward. >> what about simpsons bowles? >> i have my own plans. if you want to make adjustments, make it. go to congress and fight for it. >> that is what we have done. >> you have been president for four years. he said he would cut the deficit in half. we still h
romney mentioned the bowles- simpson commission. that is how the bipartisan commission suggested we do it -- in a balanced way with some revenue and some spending cuts. this is a major difference that governor romney and i had. you are looking for contrast. when governor romney stood on a stage with other republican candidates for the nomination, he was asked, "would you take $10 of spending cuts for just $1 of revenue?" he said no. if you take an unbalanced approach, that means you...
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Oct 26, 2012
10/12
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MSNBCW
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now, the question i have is, it wasn't necessarily ceos that blocked simpson-bowles or any type of simpson-bowleslike legislation being passed. how exactly do we attack that? how exactly -- not to mention we have the ceos on board but the other constituency groups that were much more vocal about simpson-bowles before. >> we're reaching out to a lot of other constituency groups, but ceos have a lot of influence in washington and they haven't really been using it for this purpose. and the idea is to use it to counter some of those other groups that have other agendas. but we are going to try to bring in as many as we can. we've raised over $35 million. it's going to be a national effort. it's going to include state and local efforts, social media and it's certainly going to include having ceos spend a lot of time in washington with legislators trying to get them to be sensible. >> and that's critical. if you get a call and you're a congressman or congresswoman and say congresswoman, jamie dimon's on the phone, you pick up the phone. lloyd blankfein is on the phone, you pick up the phone. especially peo
now, the question i have is, it wasn't necessarily ceos that blocked simpson-bowles or any type of simpson-bowleslike legislation being passed. how exactly do we attack that? how exactly -- not to mention we have the ceos on board but the other constituency groups that were much more vocal about simpson-bowles before. >> we're reaching out to a lot of other constituency groups, but ceos have a lot of influence in washington and they haven't really been using it for this purpose. and the...
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Oct 25, 2012
10/12
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CSPAN
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lowering rates, which is what some symbols -- simpson-bowles tried to do? >> this will have to be a balanced plan, and we will have to put pressure on the candidates who signed the pledge to grover norquist. the $2 trillion that we cut with the budget control act, this means closing tax loopholes, this means medicare saving money by negotiating drug prices directly. rea importation with canada. there are a lot of ways to save billions of dollars. we can say that we will always beat for lower taxes. we have cut taxes many times and i will continue to do that. but this will have to be a balance plan. >> i want to go back to something that mr. mandel was talking about. you attack them -- and now you are exceeding president obama's agenda 96% of the time. is this one-sided? >> what i have done is taken on the president of my own party when i think he is wrong. i disagreed with president clinton as a freshman member of the house on the north american free trade agreement. it was not easy opposing the president of the united states as a freshman member of congres
lowering rates, which is what some symbols -- simpson-bowles tried to do? >> this will have to be a balanced plan, and we will have to put pressure on the candidates who signed the pledge to grover norquist. the $2 trillion that we cut with the budget control act, this means closing tax loopholes, this means medicare saving money by negotiating drug prices directly. rea importation with canada. there are a lot of ways to save billions of dollars. we can say that we will always beat for...
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Oct 4, 2012
10/12
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/simpson, though left version of bowles/simpson and a little aggressive entitlement reform than people would like. and if romney wins, he'll have a mandate for some version of the wine budget, probably time for a little to get democratic votes. to become president he will have a mandate or something close to that. either way would get a pretty big deal plus the pressure of the debt limit in the other things in markets that they are. i think 2013 becomes a big entitlement reform, tax reform, budget reform moment. it doesn't mean, the sort of gets to john's point, and amazing tidbit and suddenly the campaign and president obama will have to say to let people voted, guess what, we are going to entitlement reform. and guess what, all that stuff i said about how mitt romney will destroy america, certainly would be something that will look at wildly different from some of the reforms republicans talked about. and of course romney will have the same problem of pivoting. the romney campaign for the romney transition team, led by john's predecessor as governor is working seriously on what they
/simpson, though left version of bowles/simpson and a little aggressive entitlement reform than people would like. and if romney wins, he'll have a mandate for some version of the wine budget, probably time for a little to get democratic votes. to become president he will have a mandate or something close to that. either way would get a pretty big deal plus the pressure of the debt limit in the other things in markets that they are. i think 2013 becomes a big entitlement reform, tax reform,...